January 10, 2014 / 7:31 PM / 4 years ago

Canada industry minister sees C$ range as "relatively steady"

OTTAWA, Jan 10 (Reuters) - Canada's Industry Minister, James Moore, said on Friday that the Canadian dollar has been trading within a steady range, suggesting the government is not too worried about the currency's week-long slide to a four-year low.

"I think the range of fluctuations has been relatively steady," Moore told Reuters in an interview, when asked if volatility in the foreign exchange rate was a concern.

"I know that this is an endless debate about the value of the dollar and what it means for firms. For some firms a higher dollar is a good thing and for others it creates challenges, and the inverse is equally true," he said.

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below